prepare accounting entrries related to bad debts for month ended 31 oct 2019

T-account for allowance of doubtful debts

Qedos (0) Marcellus Pure conduct coming boon the credit bele. Ho provides the rice first and collect the count receivable in 60 days. The Allowance for Doubtfal Debt count on 1 October 2019 is $3,993. The following information is available: 1. The buio aging of socoat roolvable mubod to mocount the bad debt 2. The account is required to update the balance of allowance of doubtfal debt account at the end of each month 3. On 3 October 2019 = total of $1,997 owed by Lucy Frode has been dermed uncollectable and thorofore written of 4. The total sales recorded during 1 October 2019 to 31 October 2019 is 5832,977 5. The balance in the Account receivable on 31 October 2019 is $198,300 6. On 31 October 2019 the accountant estimates that 3% of the account roosivablo is estimated as doubtful. 03-a (1) Prepare the Accounting Entries for the transactions or wts relating to bed debt for the month ended 31 October 2013, ignore GST (12marks